# Electric buyer markets and demand | HS 940540 | Yugalinks

USA is the largest reported buyer market in this view, with imports of $4.8B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| USA | $4.8B | +2.9% | 114 | China |
| Germany | $1.6B | +1.5% | 101 | China |
| United Kingdom | $965.7M | +2.4% | 89 | China |
| Netherlands | $807.7M | +3.5% | 90 | China |
| France | $806.4M | -0% | 104 | China |
| Malaysia | $727.4M | +19.2% | 53 | China |
| Canada | $568.7M | -4.2% | 81 | China |
| Singapore | $528.8M | +13.9% | 71 | China |
| Australia | $523.7M | +4.2% | 80 | China |
| Thailand | $498.1M | +20.7% | 67 | China |
| Italy | $473.9M | +2% | 88 | China |
| United Arab Emirates | $469.9M | +4.8% | 90 | China |
| Viet Nam | $469.3M | +1.3% | 56 | China |
| Japan | $459.1M | +0.2% | 52 | China |
| Mexico | $457.8M | +10.4% | 66 | China |
| Poland | $453.2M | +3.8% | 75 | China |
| Spain | $427.3M | +1.3% | 83 | China |
| Philippines | $419.7M | +23.6% | 52 | China |
| Saudi Arabia | $386.9M | -0.6% | 68 | China |
| Russia | $384.8M | +1% | 46 | China |
| India | $357.3M | -3.2% | 67 | China |
| Belgium | $337.0M | +1.9% | 74 | China |
| Kazakhstan | $307.7M | +22.9% | 55 | China |
| Brazil | $292.7M | +7.5% | 61 | China |
| Austria | $280.4M | +0.5% | 85 | Germany |
| Sweden | $262.5M | -1.8% | 75 | China |
| Kyrgyzstan | $244.8M | +72.4% | 35 | China |
| Switzerland, Liechtenstein | $241.7M | +0.9% | 82 | Germany |
| Republic of Korea | $241.6M | +0% | 59 | China |
| Indonesia | $240.8M | +11.4% | 58 | China |
| Nigeria | $233.8M | +21.9% | 53 | China |
| China | $198.0M | -2.3% | 87 | Germany |
| Iraq | $191.6M | +4.3% | 37 | China |
| Denmark | $187.3M | -0% | 76 | China |
| Norway | $186.9M | -1% | 67 | China |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| USA | 2023 | $3.1B | $28,597.54 |
| Germany | 2023 | $1.4B | $19,329.59 |
| France | 2023 | $794.2M | $20,146.15 |
| United Kingdom | 2023 | $751.4M | $16,867.92 |
| Netherlands | 2023 | $647.2M | $17,458.12 |
| Viet Nam | 2023 | $613.3M | $30,574.87 |
| Canada | 2023 | $537.5M | $34,729.77 |
| Saudi Arabia | 2023 | $532.1M | $35,305.79 |
| Mexico | 2023 | $531.5M | $28,453.16 |
| Australia | 2023 | $460.8M | $37,045.86 |
| Poland | 2023 | $459.4M | $14,540.48 |
| Italy | 2023 | $441.5M | $14,394.34 |
| Japan | 2023 | $417.9M | $26,323.42 |
| Russia | 2023 | $401.6M | $10,792.27 |
| Belgium | 2023 | $399.8M | $24,952.97 |
| United Arab Emirates | 2023 | $393.3M | $9,956.72 |
| Spain | 2023 | $373.2M | $17,096.98 |
| Republic of Korea | 2023 | $314.9M | $41,927.29 |
| Indonesia | 2023 | $314.2M | $23,623.05 |
| Austria | 2023 | $301.9M | $25,750 |

_Source: reported merchandise trade data. Updated 2026-08-14._